Why Bitcoin grows in value and will continue to do so. Three main reasons

Date:

2018-07-18 19:45:09

Views:

3847

Rating:

1Like 0Dislike

Share:

Why Bitcoin grows in value and will continue to do so. Three main reasons Source:

Despite a wave of criticism, rumors and hacking attacks, Bitcoin doesn't lose the dominant position. The cryptocurrency has undeniable advantages, which previously have not met in world history. Argues that the recent rise is just a tiny part of what awaits kriptonyte in the future.

the

Should buy Bitcoin right now

Technological growth has influenced many things in the world, but not for money. Even in the era of cashless payments, their essence remained the same as hundreds of years ago. Bitcoin is the first serious step in this field for a long time. In 2009, Satoshi Nakamoto, probably, did not believe in a success of your project.

Perhaps I should grab a couple of coins if all this will survive to the future. If at least some number of people think the idea of cryptocurrencies will provide itself.

Heed the advice of Satoshi's never too late. There are three reasons for which Bitcoin offers incredible UPS in the future.

the

Limited issue

In the world there will only be 21 million bitcoins. Some of the coins are already gone, so their number in circulation even less. Is this not the most attractive factor for any investor?

The Volatility of Bitcoin — the result of the fact that cryptocurrency is completely depends on the offer. Turnover will always get a stable amount of coins.

While the volatility of the crypts is gradually reduced with the increase of capitalization. And while this remains the best asset for the average investor, as it guarantees high profits (albeit very high risk). Those who hope for the long term technology does not pay attention to the current price.

The Volatility exists, but so what? Hitlerum anyway.

About the exclusivity of owning digital assets, keeps reminding the Creator of Litecoin Charlie Lee.

Even if to distribute Bitcoin to every millionaire in the world, they will be only one coin. So before you buy a new altcon, accumulate at least one bitcoin.

At the moment, the miners managed to produce 17 million bitcoins. Of these, at least 4 million to be lost forever. Therefore, a new wave of demand for cash will begin a protracted bullish trend.

the

Lack of control

Since ancient times, people were constantly forced to use their money in a certain way.

In a world where we all use public money with unlimited issue, the holders of digital assets are getting a huge advantage.

Successfully solving Byzantine generals, Bitcoin has made politicians and bankers are useless. Even the big miners have no influence on the fate of the main cryptocurrency. Bitcoin is also not controlled by its developers, because they can not force users to install their software.

Of Course, in the first days of the existence of cryptocurrency attempts to discredit the mechanism of its work. But even they could not prevent Bitcoin to reach new heights.

the

Effect Lindy

With each new day reliability of Bitcoin is growing. According to , life expectancy is not perishable things (technologies or ideas) is proportional to their current age, so that each new decade strengthens the chances of survival.

Bitcoin is the first and the most «strong» cryptocurrency with the highest hasraton. The project «closed» hundreds of times, but it still works 99.9 percent of the duration of their time of existence. The power of Bitcoin commented Professor at the University Lebanese American Sefdin Amos.

Chances are, if you throw a one year old child in the jungle, he will die. But if he survives, he will turn into a invincible monster. It is unlikely to prevail against a young man who grew up in urban environments. The Creator of Bitcoin disappeared, thereby making bitcoin stronger.

Digital asset has plenty of other fundamental advantages. Share your opinion about the future of Bitcoin as always in our .

Why Bitcoin grows in value and will continue to do so. The three main reasons appeared first on Two Bitcoin.

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

The state Duma will take consideration of the law about bitcoin in the fall

The state Duma will take consideration of the law about bitcoin in the fall

In late may, the government in the state Duma a bill on the regulation of cryptocurrency and crowdfunding. This document describes the status of the digital money and the right of citizens to use digital assets. Amendments were pl...

Employees of the Russian Qiwi Blockchain Technologies will receive prize tokens

Employees of the Russian Qiwi Blockchain Technologies will receive prize tokens

Partner of Qiwi Blockchain Technologies (QBT) Konstantin Koltsov in an interview for «Interfax» talked about the new motivation program for employees. In the second half of this year, employees will receive premium token...

Sneaky diversion: EOS accused in the attack on the Ethereum network

Sneaky diversion: EOS accused in the attack on the Ethereum network

Recently, a team of dApp platform Just accused the EOS in the manipulation of the price of gas in Ethereum. The developers have published a detailed report about it on Reddit. The increase in the cost of transactions associated wi...

Service BitPay received permission for official work in new York

Service BitPay received permission for official work in new York

Payment service BitPay received Regulations from the financial regulator of new York state. The document will allow BitPay to conduct legitimate business with customers in the state. In addition, local companies will be able to ac...

Why Bitcoin will continue to grow? The experts

Why Bitcoin will continue to grow? The experts

on Tuesday, the price of Bitcoin more than 10 percent. A quick break of level $ 7,000 revived the stock market and attracted the attention of analysts. Yesterday's rise tried to explain to experts . the Forecast Bitcoin exchange r...

The death of ASIC-miner. KashMiner from Kodak was only a fantasy

The death of ASIC-miner. KashMiner from Kodak was only a fantasy

In January, the technology trade show CES in Las Vegas Kodak, whose name the whole world associates with cameras, decided to try to enter the world of cryptocurrencies and . It KashMiner promised to bring $ 9,000, but cost a third...

The cost of Bitcoin rose to $ 600 for 30 minutes

The cost of Bitcoin rose to $ 600 for 30 minutes

More than a month we did not see a Bitcoin for $ 7,000 and was rewarded for her patience. Cryptocurrency has risen by $ 600 in just 30 minutes. For such changes we love her recorded an increase to $ 7408. The last time the value o...

The miracles of naming: in China, a growing number of companies with the word

The miracles of naming: in China, a growing number of companies with the word "blockchain" in the title

the Number of registered firms with the word «blockchain» in the name of the rose six times from January to July. According to local media, the country legally employs about 4000 blockchain-companies. About it writes . H...

Adam white: large investors will give impetus to the growth of the stock market

Adam white: large investors will give impetus to the growth of the stock market

In an interview with the Vice-President of Coinbase's Adam white noted that institutional investors help kriptonyte to grow. For 2017 year, white has received dozens of requests and offers from large investment funds. the Time to ...

Tkeycoin: call to alternative cryptocurrencies

Tkeycoin: call to alternative cryptocurrencies

last year, at the same time, the cryptocurrency industry, a wave of General excitement. A powerful background of amazing opportunities blockchain technology in the financial sector contributed to a sharp increase in interest in th...

Good things: the Venezuelans will receive financial assistance in the cryptocurrency

Good things: the Venezuelans will receive financial assistance in the cryptocurrency

Recently, a Reddit user from Venezuela decided donations in the cryptocurrency NANO for the purchase of 102 pounds of food to family and friends. Now cryptanthus under the name Windows7733 wants to ensure other citizens of the cou...

Coinrail exchange resumed trading after hacking. As traders get their money?

Coinrail exchange resumed trading after hacking. As traders get their money?

In June hackers a little-known South Korean exchange Coinrail and stole $ 40 million from the accounts of traders. First attack on the trading floor called the cause of the fall of the cryptocurrency market, but later this informa...

Board game Go with 4500-year history, will release on the blockchain

Board game Go with 4500-year history, will release on the blockchain

last week, the developers of blockchain-games CryptoKitties about the partnership with HTC is the app enter the number preset on the first blockchain smartphone company Exodus. Now on the Ethereum blockchain will the popular Chine...

Robinhood added support for Dogecoin. Coin grew by 14 percent

Robinhood added support for Dogecoin. Coin grew by 14 percent

last week, a platform for cryptocurrency trading without any commissions Robinhood added support for Litecoin and Bitcoin Cash. Now the company has added the ability to trade Dogecoin, then the price of the coins increased by almo...

Square stock grow in value with the popularity of app company

Square stock grow in value with the popularity of app company

the Company Square created by one of the founders of Twitter, is rapidly expanding impact on the stock market. Despite the decline of public interest in cryptocurrencies, the app Square Cash is breaking all records for downloads. ...

Bithumb launch of the exchange in Thailand and Japan. Waiting for growth?

Bithumb launch of the exchange in Thailand and Japan. Waiting for growth?

In April, South Korea's largest Bourse for the first time Bithumb its financial performance. The operating profit of a trading platform for 2017 amounted to 312 million dollars, and net profit of 501 million. Now the stock exchang...

Countdown: the Fund, BlackRock considers the options entry on the stock market

Countdown: the Fund, BlackRock considers the options entry on the stock market

Among the firms manage assets not many companies that could be compared with BlackRock. Now this giant with six trillion dollars paid attention to the stock market. The information shared . the New investment in cryptocurrency Acc...

Poloniex exchange has submitted a formal application for iOS and Android

Poloniex exchange has submitted a formal application for iOS and Android

In late may, the exchange Poloniex without notice the accounts of users. The reason was an error during the procedure of verification of the mandatory KYC. Now, the marketplace has launched its own application for smartphones on i...

Why the price of Bitcoin can't grow? A new explanation

Why the price of Bitcoin can't grow? A new explanation

Bitcoin lacks impetus for growth due to the fall in volatility to an annual minimum. It seems that the Bitcoin correction is delayed, and in the near future we are unlikely to see a sharp rise course, due to the loss of investor i...

How to make money on the crypt: the boss of the Chinese triads gathered in ICO of $ 750 million in five minutes

How to make money on the crypt: the boss of the Chinese triads gathered in ICO of $ 750 million in five minutes

the Former head of the triad Macau WAN Kwok-koi, also known by the nickname «Broken Tooth», collaborated with a Chinese firm to Finance the tournaments on chess and poker in the country. According to local media, the ICO...